Integra Non Current Assets Total vs Other Assets Analysis
ITRG Stock | USD 0.93 0.03 3.33% |
Integra Resources financial indicator trend analysis is infinitely more than just investigating Integra Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra Resources Corp is a good investment. Please check the relationship between Integra Resources Non Current Assets Total and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Non Current Assets Total vs Other Assets
Non Current Assets Total vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integra Resources Corp Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Integra Resources' Non Current Assets Total and Other Assets is -0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Integra Resources Corp, assuming nothing else is changed. The correlation between historical values of Integra Resources' Non Current Assets Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Integra Resources Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Integra Resources' Non Current Assets Total and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Assets
Most indicators from Integra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra Resources Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. The Integra Resources' current Enterprise Value is estimated to increase to about 36.9 M, while Selling General Administrative is projected to decrease to roughly 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 303.0K | 286.8K | 401.6K | 321.0K | Cost Of Revenue | 928.0K | 968.6K | 1.0M | 763.0K |
Integra Resources fundamental ratios Correlations
Click cells to compare fundamentals
Integra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Integra Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.8M | 89.1M | 75.2M | 61.4M | 82.4M | 86.5M | |
Other Current Liab | 2.6M | 2.7M | 3.1M | 4.4M | 3.7M | 3.9M | |
Total Current Liabilities | 3.4M | 5.7M | 5.7M | 15.4M | 16.7M | 17.5M | |
Total Stockholder Equity | 38.7M | 41.8M | 29.1M | 21.3M | 40.5M | 42.5M | |
Property Plant And Equipment Net | 48.8M | 59.2M | 59.9M | 43.8M | 71.4M | 41.4M | |
Net Debt | (23.2M) | (27.6M) | (12.9M) | (4.6M) | 2.5M | 2.6M | |
Retained Earnings | (43.9M) | (66.3M) | (100.3M) | (120.1M) | (149.1M) | (141.6M) | |
Cash | 24.0M | 29.0M | 14.3M | 15.9M | 8.8M | 7.7M | |
Non Current Assets Total | 50.3M | 59.4M | 60.1M | 44.4M | 72.5M | 76.1M | |
Non Currrent Assets Other | 5.3K | 23.6K | 33.5K | 539.9K | 870.5K | 933.3K | |
Cash And Short Term Investments | 24.0M | 29.0M | 14.3M | 15.9M | 8.8M | 7.7M | |
Net Receivables | 85.4K | 56.8K | 85.0K | 98.1K | 153.5K | 161.2K | |
Common Stock Shares Outstanding | 13.5M | 19.9M | 22.8M | 69.5M | 56.4M | 59.2M | |
Liabilities And Stockholders Equity | 74.8M | 89.1M | 75.2M | 61.4M | 82.4M | 86.5M | |
Non Current Liabilities Total | 32.7M | 41.6M | 40.4M | 24.7M | 25.2M | 21.6M | |
Inventory | (3.4K) | (573.0) | 927.0 | 4.6K | 4.1K | 2.3K | |
Other Current Assets | 460.9K | 631.5K | 684.4K | 976.2K | 898.7K | 943.6K | |
Total Liab | 36.1M | 47.3M | 46.1M | 40.1M | 41.9M | 44.0M | |
Property Plant And Equipment Gross | 63.7M | 75.5M | 60.8M | 45.3M | 73.5M | 48.5M | |
Total Current Assets | 24.5M | 29.7M | 15.1M | 17.0M | 9.9M | 8.0M | |
Accumulated Other Comprehensive Income | 3.3M | 5.0M | 7.3M | 16.3M | 12.7M | 13.3M | |
Accounts Payable | 580.6K | 2.1M | 1.5M | 2.1M | 2.4M | 2.5M | |
Common Stock | 79.3M | 103.0M | 122.0M | 125.1M | 176.9M | 185.8M | |
Net Tangible Assets | 50.6M | 53.3M | 29.1M | 21.3M | 24.5M | 33.0M | |
Short Long Term Debt Total | 782.9K | 1.4M | 1.4M | 11.3M | 11.3M | 11.9M | |
Other Liab | 42.0M | 51.9M | 39.6M | 23.9M | 21.5M | 32.5M | |
Net Invested Capital | 50.6M | 53.9M | 29.7M | 31.8M | 51.3M | 44.4M | |
Net Working Capital | 27.6M | 30.6M | 9.4M | 1.6M | (6.8M) | (6.5M) | |
Property Plant Equipment | 63.7M | 75.5M | 59.9M | 43.8M | 39.5M | 48.3M | |
Capital Lease Obligations | 1.0M | 1.2M | 840.7K | 854.3K | 1.1M | 804.2K | |
Capital Stock | 79.3M | 103.0M | 122.0M | 125.1M | 176.9M | 119.5M | |
Short Term Debt | 234.0K | 871.0K | 1.1M | 8.9M | 10.5M | 11.1M |
Currently Active Assets on Macroaxis
When determining whether Integra Resources Corp is a strong investment it is important to analyze Integra Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integra Resources' future performance. For an informed investment choice regarding Integra Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Integra Resources. If investors know Integra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Integra Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Return On Assets (0.18) | Return On Equity (0.57) |
The market value of Integra Resources Corp is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra Resources' value that differs from its market value or its book value, called intrinsic value, which is Integra Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Integra Resources' market value can be influenced by many factors that don't directly affect Integra Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Integra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.